CGI Inc. (TSX:GIB.A) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 20,457,737 class A subordinate voting shares, representing 9.92% of its issued and outstanding share capital. The shares repurchased will be cancelled.

The bid is subject to approval of Toronto Stock Exchange. The bid will terminate on February 5, 2025, or the date upon which the company acquires the maximum number of class A subordinate voting shares to be purchased or otherwise the company decides not to make any further repurchases under the bid. As of January 23, 2024, the company had 206,327,788 class A shares outstanding.